Recent data suggest gross domestic product growth this year will be closer to the government’s target of about 5%, contrary to expectations of a large overshoot formed earlier in the year. The figures also show a lopsided rebound that’s being led by consumer services, while industrial activity lags far behind.
Investment for all seasons: A good actively managed fund
The brutal correction – some hot mid- and small-cap stocks are down nearly 50% from their peaks – has rattled many investors, especially new investors